Stocks were up on Tuesday after good news from manufacturing industries, retail sales and Ben Bernanke. Bernanke, the Federal Reserve Chairman, said that the recession has “very likely over”.
The Dow Jones industrial average finished the day at 9,683.41 after rising 0.6%. That’s the highest the Dow has been since October of 2008.
The Russell 2000 jumped 0.8% to 604.84, while the Nasdaq composite index ended the day at 2,102.64 after rising 0.5%. The Standard & Poor’s index was up 0.3% to finish at 1,052.63.
While Bernanke said the recession was technically over, he did mention that unemployment remains a problem.
“It’s still going …read more

For the first time since the beginning few weeks of 2009, the Dow Jones industrial average closed at higher than 9,00. When Thursday’s trading session was over, the Dow Jones industrial average was at about 9,069.30.
To reach that mark, the Dow Jones industrial average rose more than 2%. Other indexes showed similar improvement. The S&P’s 500 was up about 2.3% to finish Thursday at 976.30. The Nasdaq index was up to 1,973.60 on 2.5% growth, while the Russell 2000 jumped more than 3% to finish at 545.85.
Most market experts point to the positive United States housing market numbers as the …read more

When it comes to stock market indexes in the Unites States, the Dow Jones industrial average is king. On Monday, General Motors and Citigroup got the heave-ho from the Dow Jones.
This isn’t a very surprising turn of events. With GM and Citigroup now being highly involved with the United States federal government, most market experts believed this to be a logical step.
Market experts also weren’t surprised by the two replacements — Travelers Co and Cisco Systems. Cisco Systems is an addition that makes a lot of sense because of its connection to the growing internet world. Travelers Co, which is …read more

This has been a good week for the stock market. On Friday, stocks rose once again to put an exclamation point on the week.
The Dow Jones industrial average was up approximately 2% to 8,675.7. The S&P’s 500 index was up nearly 2.5% to 929.2, while NASDAQ was up more than 1% to 22.8. For the week, the Dow Jones rose nearly 4.5%, the S&P rose nearly 6% and NASDAQ rose more than 1%.
The two biggest reasons most stock market experts give for the jump on Friday were the results of the stress test on the banking industry and the …read more

Not long ago, it seemed like the stock market would never stop dropping. However, after a few weeks of strong gains, the mood on Wall Street is much improved. Many experts believe that the worst days are in the past and that the future should include a steady climb.
On Monday, all the indexes look healthy. The Dow Jones industrial average went up 2.6% to finish the day at 8,426.7. NASDAQ finished at 1,763.6 after also jumping 2.6%, while the Standard & Poor’s 500 index was up 3.4% to 907.2.
The Standard & Poor’s 500 index is especially impressive because that index …read more